
Los Angeles, California 90019
This Luxury Income-Producing Residence is listed at $1,572,900, representing a stable market offering aligned with its $1,516,368 Fair Market Value. Boasting an Excellent Condition Rating, the property features a high-end remodel with a quartz waterfall island, designer finishes, and a brand-new permitted ADU designed for immediate rental income or guest housing. Located in the heart of Mid-Wilshire near LACMA and The Grove, this turnkey home combines premium lifestyle finishes with a strategic "house-hack" advantage. It is an ideal match for Owner-Occupants or Multi-generational Families seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1364 S Ridgeley Subject | $1,572,900* List Price | 0 | 0 | 1,581 | $959 | - |
A 1645 S Sierra Bonita Avenue Sold | $1,462,500 | 2 | 2 | 1,420 | $1,030 | 0.5 mi |
B 1343 Carmona Avenue Sold | $1,499,000 | 3 | 3 | 1,363 | $1,100 | 0.1 mi |
C 1820 Alsace Avenue Sold | $1,325,000 | 3 | 2 | 1,628 | $814 | 0.5 mi |
D 1854 S Mansfield Avenue Sold | $1,300,000 | 4 | 2 | 1,742 | $746 | 0.7 mi |
E 1612 S Genesee Avenue Sold | $1,330,000 | 2 | 2 | 1,216 | $1,094 | 0.6 mi |
F 1772 S Ogden Drive Sold | $2,000,000 | 3 | 3 | 2,020 | $990 | 0.8 mi |
G 1558 Hauser Active | $1,329,000 List Price | 3 | 2 | 1,577 | $843 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive high-end luxury renovation, effectively reimagining the 1906 structure into a modern, turn-key residence. The kitchen features contemporary white shaker cabinetry, quartz countertops with a waterfall island, and premium stainless steel appliances. Bathrooms are fully updated with designer tile work, vessel sinks, and modern fixtures. With the addition of a brand-new permitted ADU, updated systems, recessed lighting, and new flooring throughout, the property meets all criteria for excellent condition.
The property includes a brand-new, fully permitted 1-bedroom ADU with a private entrance and yard, offering a turnkey opportunity for rental income, Airbnb, or multigenerational living.
The main residence features a luxury designer remodel with high-end appliances, updated systems, and en-suite bedrooms, providing a move-in-ready experience for discerning buyers.
Boasting a high walkability score, the home is situated north of Pico Blvd near LACMA, The Grove, and Metro access, placing it in the heart of a highly desirable Central LA neighborhood.
The property was recently sold within the past year on 2025-12-18. The sold price is $1,335,000.00. The property was recently sold within the past year on 2025-12-17. The sold price is $1,250,000.00.
The current listing price shows a significant discrepancy ($15.7M vs. the original $1.57M), likely due to a data entry error, which may negatively impact search visibility and buyer perception.
With a total of 1,581 square feet split between two separate units, the individual living areas and bedrooms may feel undersized for buyers accustomed to more expansive single-family layouts.
LUXURY REMODELED MID CITY/ MIRACLE MILE HOME with BRAND NEW PERMITTED ADU and A MOTIVATED SELLER! Ideal for Owner Occupied, multigenerational living, guest suite, or offset rental. PERFECT FOR AIRBNB with WORLD CUP and OLYMPICS around the corner!!! Live in one RENT FREE and Rent the Other! Main house may pay for your entire mortgage and even give you a POSITIVE CASH FLOW!!! Sellers may help to PAY partial or ALL BUYER'S CLOSING COSTS or HELP WITH THE RATE BUY DOWN. You may buy this wit as low as 5% DOWN... Ask and I will work hard to make it happen!!! A rare opportunity in the heart of Mid-Wilshire to own a fully reimagined residence with a newly built, fully permitted 1-Bedroom ADU - Perfect for generating income, hosting extended family, or creating a private retreat, with laundry in the bathroom! Beautifully HIGH END REMODELED main residence featuring: - 2 On-Suite bedrooms and one extra guest bathroom (total 3 bathrooms) - Designer finish with high end appliances and inside laundry area - Modern Kitchen with high end appliances with a separate inside laundry area - Walk-In Closet - Updated Systems - Move in condition - TURN KEY The newly constructed ADU has: - Private Entrance - It's own Private Back Yard - Parking - Full Kitchen - Full Bath - Security Cameras and other security features - IDEAL FOR AIR BNB - RENTAL INCOME, In-Laws, or Home Office - PROJECTED RENTAL INCOME MAY SIGNIFICANTLY OFFSET MONTHLY OWNERSHIP COSTS!!! Located NORTH of Pico blvd, its conveniently walking distance to Synagogues, churches, restaurants, grocery stores, the GROVE, LACMA, Metro access, and Central LA Lifestyle! Don't miss out on these beautiful homes! MOTIVATED SELLER SO SUBMIT YOUR OFFER TODAY!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 1,581 | 1,712 | 43% |
| Lot Size | 6,034 | 6,256 | 46% |
| Price | $1.57M | $1.33M | 64% |
| Price per sq ft | $995 | $797 | 84% |
| Built year | 1906 | 1926 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 187 | 5% |
Apr 20, 2026
$1,572,900
$15,729,000
-90% Price Drop
Initial Listing
Apr 15, 2026
$15,729,000
$1,575,000
+899% Price Increase
Initial Listing
Apr 5, 2026
$1,575,000
$1,574,900
+0% Price Increase
Initial Listing
Mar 5, 2026
$1,574,900
Initial Listing
Dec 18, 2025
$1,335,000
Public Record
Dec 17, 2025
$1,250,000
Public Record
Dec 26, 2023
$1,800,000
Public Record
Aug 25, 2022
$970,000
Public Record